Orascom Developmentأوراسكوم
Orascom Development Projects in Egypt
Orascom Development, chaired by Samih Sawiris, is behind El Gouna and O West in 6th of October, with projects in seven countries on three continents. Here are all its projects in Sheikh Zayed & October, Red Sea, North Coast, with current prices.
- Founded
- 1976
- Projects
- 7
- Areas
- 3
Orascom Development projects in Egypt
Orascom Development projects in Sheikh Zayed & October
2 projects
Orascom Development projects in Other areas
2 projects
Orascom Development projects in Red Sea
2 projects
Orascom Development projects in North Coast
1 project
About Orascom Development
Orascom Development is one of the big names tied to integrated resort towns in Egypt, most famously El Gouna on the Red Sea. The source states the group began in 1976. Its chairman is businessman Samih Sawiris and its CEO is Omar El Hamamsy. Its activity is not only local: it has projects in Egypt, the UAE, Morocco, Oman, the UK, Montenegro and Switzerland, including Andermatt in the Alps.
Its record also includes Makadi Heights in Hurghada, Taba Heights in South Sinai and Byoum in Fayoum.
Choosing between O West phases and El Gouna
- In O West, each phase has its own location, price and delivery date, so compare phases and ask which services are already operating inside the town.
- In El Gouna, a unit is usually for seasonal use or holiday rental, so learn how management and rentals work and what the annual service fees are.
- Even with a developer that has a long record, read the contract carefully, especially the delivery schedule and delay clause.
New launches from this Orascom developer will be added here.
Orascom Development FAQ
Where are Orascom Development projects?
Its main listed projects are O West and its phases in 6th of October, North Bay and Fanadir Shores in El Gouna, and Noba on the North Coast.
Who leads Orascom Development?
Businessman Samih Sawiris is chairman, and Omar El Hamamsy is CEO.
Should I buy at O West direct or resale?
For faster handover, resale in a near-complete or delivered phase may fit better; new phases offer longer plans. Compare total price and delivery date either way.
